Spain s Congalsa acquires Lenger Seafood Vietnam
Congalsa has acquired the entire charter capital of Lenger Seafood Vietnam giving it full ownership of the business and its Nam Dinh processing facility
On September 17, Spanish seafood company Congalsa announced it had acquired Lenger Seafood Vietnam, a leading exporter of Meretrix clams. The deal provides Congalsa with direct, traceable access to certified clam supply and processing capacity in Vietnam, enhancing its position in Southern European retail and food service channels.
Congalsa, a Spanish manufacturer of frozen and precooked seafood products, operates several production facilities with a combined annual capacity of around 26,000 tonnes and boasts over 50,000 cubic meters of cold storage. The company distributes its products across Europe, the Americas, and Asia. Lenger Seafoods Vietnam, founded in 2012, is known for its premium quality clams and 100% traceability.
The company serves over 50 business-to-business customers in more than 10 export markets, primarily in Spain, Italy, and Portugal. The acquisition comes as global clam imports reached approximately $888 million in 2023, with East Asia and Southern Europe accounting for about 73% of the value. Spain is the largest single importer, at around $197 million in 2023, while EU consumption remains stable at approximately 70,000 tonnes.
Vietnam, as the world's second-largest clam exporter, is well-positioned to address this structural deficit, facilitated by preferential access under the EU-Vietnam Free Trade Agreement.
Written by urgent.news from Vietnam Investment Review's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
